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MOBU CASH Overview Electronic Money Accounts

MOBU Cash, a Singapore-based payment company to provide crypto- fiat, fiat-crypto and fiat accounts in up to 21 currencies, in addition to debit cards accepted world-wide. MOBU Cash will be 100% owned by MOBU Holding Company. The main competitor in this space will be Revolut with a valuation of 2.9 bn USD which was started in 2017 and only operates in EU

MOBU Cash will be a fully operated, turn-key solution, for managing incoming settlements from users. Whether individuals, or companies, to assign to them dedicated, and unique, EU IBANs for EURO SEPA clearing which streamlines, and simplifies, the purchase of assets deriving from ICO activities. Furthermore, to participate in an ICO and buy the relevant tokens deriving from it.

https://medium.com/@MOBU/mobu-cash-overview-electronic-money-accounts-3e93b06deb38

Very impressive article because while other companies failing to lead the technology but MOBU is going to give confidence to the investors that it has the ability to convert the cryptocurrency into different other forms of currencies. Now they are providing more than 21 currencies worldwide once they start developing the products.

There is no doubt that it will be very good when we receive service from the MOBU. I am calm here. This service is needed today.
But the service is not only an idea, but also an effort and time to implement. Therefore, let the team be powerful.

The service is indeed needed, but that is also the reason why there are more and more projects showing up trying to do the same.

Thanks for the support, mig6r! Don't forget to join the MOBU Telegram to stay up to date on all the latest conversations!

Will do. By the way do you already have all the permissions you need to get started or is that still in the works?

Hi there mig6r!

What permissions are you referring to, specifically?

Mobu does hold and FDP 1 license, which is similar to a broker dealer and all the necessary compliance adherences to regulatory bodies.

Please, feel free to join @mobuCHAT on Telegram if you wish to ask any other specific questions and/or engage with the community of supporters and the team themselves! 💪

Yes I guess that license is what I was talking about. The licenses that you can get started with security tokens as often times it is said that those licenses are hard to obtain.

Oh, I see. Then you can rest assured! Grin

Sorry to suggest again, but please -- in case you have any other questions which might require a more prompt reply, don't hesitate to at @mobuCHAT on Telegram! Wink